Over 94% of daily BSV transactions come from a weather app: CoinMetrics

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More than 94% of Bitcoin Satoshi Vision (BSV) network activity comes from a weather app called WeatherSV, according to a report from blockchain analytics firm CoinMetrics on Tuesday.

The firm studied OP_RETURNS, a bitcoin script that allows users to write arbitrary data onto a blockchain. “As of July 14th, over 94% of all BSV transactions are being sent by WeatherSV,” it said.

WeatherSV is an IT services firm based in Australia, and the app was launched back in April to index and retrieve climate data stored on the BSV blockchain. WeatherSV chose BSV because to run the same application on bitcoin (BTC) or bitcoin cash (BCH) would have been costly, it said at the time.

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Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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